Will Bitcoin Rise Or Fall Again? QCP Questions Trump-Fueled Rally
Bitcoin surged past $95,000 during low-liquidity trading hours on Sunday after US President Donald Trump made a major announcement. The formation of a US Crypto Strategic Reserve, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), set the market ablaze with speculation. Many traders viewed this as a defining moment, one that could…
Bitcoin Sellers Incur Loss As SOPR Drops To 0.95 – A Sign Of Market Bottom?
According to a recent Quicktake post by CryptoQuant analyst abramchart, short-term Bitcoin (BTC) investors are incurring losses, suggesting that the crypto market may have hit its bottom and a trend reversal could be on the horizon. Has Bitcoin Bottomed? Bitcoin experienced significant volatility over the past week, dropping from $96,000 on February 23 to $78,258…
Bitcoin CME Gap Is Still Open, Why $78,000 – $80,700 Are Very Important
A new Bitcoin Chicago Mercantile Exchange (CME) gap has just been opened around $78,000 and $80,700. Analysts warn that this price range could act as a magnet for further downturns in the Bitcoin price, making it a critical area to watch in the coming days. According to crypto analyst Rekt Capital on X (formerly Twitter),…
Is Bitcoin Finding a Bottom? What The UTXO Data Is Telling Us
Bitcoin’s price recently experienced another significant downturn, falling below $80,000 earlier today—a nearly 20% decrease in just the past week. This prolonged slump highlights the broader challenges facing the market, with minimal signs of recovery in sight. Amid this turbulent price activity, insights from tugbachain, a contributor to the CryptoQuant QuickTake platform, have shed light…
Bitcoin Crashes, Fear Spikes—But This Analyst Sees $153,000 Ahead
In his latest video update, long-time market analyst and self-described “four-year cycle” trader Bob Loukas delivered a breakdown of Bitcoin’s current trajectory. Despite a roughly 22% pullback from its recent all-time high, Loukas asserts that the leading cryptocurrency’s price action remains “nothing we have not seen before.” Loukas opened his video by acknowledging growing anxiety…
Don’t Call Bitcoin Bottom Just Yet, CryptoQuant Head Says: Here’s Why
The Head of Research at CryptoQuant has revealed why it may be too early to call a bottom for Bitcoin, based on the trend in on-chain data. Bitcoin MVRV Z-Score Has Plunged Under Its 365-Day MA In a new post on X, CryptoQuant Head of Research Julio Moreno has talked about why Bitcoin may not…
Bitcoin Price Could Crash Further To $70,000 If This Happens
The Bitcoin price has experienced such severe downward pressure and volatility that many are starting toUS election rally. Popular crypto analyst and Co-founder of BitMEX Arthur Hayes has shared a bearish prediction for the Bitcoin price. Hayes projects a further breakdown in Bitcoin’s value, suggesting an imminent drop between $70,000 and $75,000. Bitcoin Price Crash…
Bitcoin Mega Whales The Primary Sellers During Price Crash, Analytics Firm Reveals
The market intelligence platform IntoTheBlock has revealed how the largest of Bitcoin holders have been the ones applying selling pressure amid the price decline. Bitcoin Mega Whales Have Been Reducing Their Supply Recently In a new whales‘ broadly refer to the entities who own more than 1,000 tokens of the cryptocurrency. At the current exchange…
Flash Crashes On The Rise: Understanding The Recent $300 Billion Crypto Drop
The crypto market is experiencing a significant upheaval, with a staggering $300 billion erased in just 24 hours. This massive sell-off has raised concerns among investors, prompting analysts to explore the underlying causes of this dramatic decline. Bitcoin And Ethereum Plummet According to insights from the Kobelsi Letter, a global commentator on capital markets, the…
Bitcoin Plunge Below $89,000: Are We Nearing a Bottom? Analyst Weighs In
Bitcoin’s downward trajectory continues, with its price slipping below $89,000, marking an 8.5% loss over the past week. This extended decline has raised concerns among investors about whether the bottom is finally in. Recent market behavior suggests that significant capitulation is taking place, which some analysts believe could indicate a turning point. Massive Bitcoin Sell-Off:…